The International Monetary Fund (IMF) wants Pakistan to further jack up interest rates to bring down inflation. The lender in… Read More
Rupee Rebounds Against US Dollar But Loses Big Against GBP, Euro
The Pakistani rupee (PKR) reversed losses and posted gains against the US Dollar today. The Pakistani rupee was largely stable… Read More
Oil Worth Rs. 12 Billion Being Smuggled Into Pakistan Every Month, Senate Body Told
A meeting of the Senate Standing Committee on Finance was held under the chairmanship of Senator Saleem Mandviwalla at Parliament… Read More
Petrol Companies Demand 100% Increase in Profit Margins
Oil Marketing Companies (OMCs) have demanded a 100 percent increase in their profit margins on the sale of petroleum products… Read More
Rupee Reverses Gains Against US Dollar, Other Currencies
The Pakistani rupee (PKR) reversed gains and posted losses against the US Dollar today. The Pakistani rupee was largely stable… Read More
Lucky Cement Earned Record Profit of Rs. 48.5 Billion Despite Tough Economic Conditions
Lucky Cement Limited achieved its highest-ever consolidated profit after tax of Rs. 48.5 billion for the nine months period ended… Read More
Silkbank to Pursue Potential Merger With UBL
Silkbank Limited (PSX: SILK) has reviewed and considered the UBL proposal and granted its approval to the management of the… Read More
Faysal Bank Posts 51% Profit Growth in Q1 2023
Faysal Bank Limited, one of the prominent Islamic banks in Pakistan, has shown exuberant performance in the first quarter of… Read More
Pakistan’s Corporate Profits Rise by 8.8% Despite Economic Issues
The profitability of the KSE-100 index has held up nicely in the financial year so far, posting Rs. 877.6 billion… Read More
Lucky Cement to Buyback 7.59% of its Shares in 2nd Buyback
Lucky Cement Limited (PSX: LUCK) has approved the decision to recommend a second buyback of up to 23.8 million or… Read More
Pakistan Can Expect Massive Job Cuts in Next 5 Years: WEF
The World Economic Forum (WEF) has released a report on trends and technologies that may affect the global job market,… Read More
Aga Khan Fund Shows Interest to Buy HBL Shares Worth Rs. 3.53 Billion
On Tuesday, Habib Bank Limited (PSX: HBL) informed the Pakistan Stock Exchange that its sponsor, the Aga Khan Fund for… Read More
